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Japan's Rice Prices Surge, Retailers Feel Profit Squeeze

9/25/2025

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Story summary
  • Rice prices in Japan have risen for three straight weeks, now averaging ¥4,275 per 5 kilograms.
  • New rice from this year's harvest is on store shelves.
  • Retailers report declining profits as high prices push consumers toward cheaper 2024 rice, squeezing margins.
  • Japan's Agriculture Ministry released data last week, and retailers are adapting purchasing to maintain profitability amid demand.